Poll

Steve Jobs vs. free market

Restrain from pious platitudes regarding wealth creation

By Merilee Dannemann

Thursday, October 27, 2011 at 10:28 am

The death of Apple co-founder Steve Jobs, who was well and justly eulogized in the national media, offers perspective on the meaning of the free market.
Jobs became an icon of the free market by creating products that people bought because they wanted them.
But many of today’s most attractive opportunities to get rich are not in the free market at all, and this is noteworthy in the national debate on the future of tax policy and the economy.
It’s argued that taxes on the wealthy should not be increased because if they keep their money, they will, through the free market, create the jobs.
Because that is obviously not working, we are told that they are keeping their money parked on the sidelines only because the regulatory environment is too uncertain to allow them to invest. Both major political parties are responsible for that.
But much of today’s wealth creation is not coming from the free market.
This is true in New Mexico more than in most states, with our national laboratories, military bases, and the industries that serve them underpinning so much of our economy.

If you subscribe to the newspaper, you receive FREE access to all the exclusive content of the web site! Simply register to receive uninterrupted access to our award-winning and in-depth local online content!

Renew Current or Past Subscription / Register for Online Subscription

If you currently subscribe or have subscribed in the past to the Los Alamos Monitor, then simply find your account number on your mailing label and enter it below.

Click the question mark below to see where your account ID appears on your mailing label.

Newspaper Acct. ID:

Street Address:

(exactly as it appears on the label)

If you are a subscriber and you do not know your account ID or don't have a copy of your newspaper available that shows the information on the address label you can click continue below to search for your account.

New Subscription/30 Day Free Trial Account

If you are new to the award winning Los Alamos Monitor and wish to get a subscription or simply gain access to our online content then please enter your ZIP code below and continue to setup your account.

ZIP Code:

Create a limited access account.Register to participate in community forums, post on the community calendar, blog etc. This registration does not give you full access to read our award winning content, etc.